Pinnacle Financial Partners Inc cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,777 shares of the exchange traded fund’s stock after selling 236 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Sugarloaf Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $27,000. Retirement Group LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 792.9% in the 4th quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 555 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 254.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 599 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 430 shares during the last quarter. Vestor Capital LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $30,000. Finally, Salem Investment Counselors Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $44,000.
Vanguard Mortgage-Backed Securities ETF Stock Performance
Shares of VMBS opened at $45.16 on Thursday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.21. The firm has a 50 day moving average price of $45.48 and a 200-day moving average price of $44.88.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd will be issued a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.88%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend is Monday, April 1st.
Vanguard Mortgage-Backed Securities ETF Profile
Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).
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